How many days does it take the firm to pay its suppliers

Assignment Help Financial Management

Reference no: EM131308464

ABC Company has annual sales of $504,518. The cost of goods sold are $408,322. The firm has an accounts receivable balance of $11,167 and an accounts payable balance of $11,285. How many days does it take the firm to pay its suppliers? Assume 365 days.

Reference no: EM131308464

Questions Cloud

Find the meaning and the use of following optional commands : POP3 protocol has some optional commands (that a client/server can implement). Using the information in RFC 1939, find the meaning and the use of the following optional commands

Opening-day game with the washington nationals : A New York Mets second baseman took two days off to be with his husband as their surrogate mother gave birth to their first child. As a result of those days off, he missed the opening-day game with the Washington Nationals.

What was his total return for the year on this? investment : At the beginning of last year Thomas purchased 100 shares of the Web.com Fund at an NAV of ?$ 15.07 and automatically reinvested all distributions. As a result of? reinvesting, Thomas ended the year with 116 shares of the fund with an NAV of $17.79. ..

Discuss about the risk assessment and management : Discuss about the Risk Assessment and Management,Security Policy and Management Directives,Organization of Information Security,Asset Management etc.

How many days does it take the firm to pay its suppliers : ABC Company has annual sales of $504,518. The cost of goods sold are $408,322. The firm has an accounts receivable balance of $11,167 and an accounts payable balance of $11,285. How many days does it take the firm to pay its suppliers?

Prepare an economic forecast for canada : Prepare an economic forecast for Canada covering January - December, 2017. What do you expect to happen to interest rates and inflation? What are the prospects for growth in Canada's major economic sectors

What is the required rate of return on this stock : The common stock of ABC Industries is valued at $29.13 a share. The company increases their dividend by 3.3 percent annually and expects their next dividend to be $3.53. What is the required rate of return on this stock?

Show the transaction between the client and the server : Using RFC 1939, assume a POP3 client is in the download-and-delete mode. Show the transaction between the client and the server if the client has only two messages of 230 and 400 bytes to download from the server.

Important to build a relationship before : As a project manager, why is it important to build a relationship before you actually need it? Provide an example of a time you have decided to build a relationship before you needed it.

User Account

All Pages